Westwing has reported a strong first half of 2025, with adjusted EBITDA rising 61 percent year-on-year in the second quarter to €6 million, representing a margin of 6.3 percent. CEO Dr Andreas Hoerning said the improvement reflected "successfully implemented changes in 2024" and confirmed the company was moving into the third phase of its value creation plan.
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Gross merchandise volume (GMV) fell 3.6 percent, while sales dropped 6.1 percent to €100 million, largely due to a shift towards a smaller, higher-quality product range. However, GMV began to recover in June, with growth strengthening in July, supporting expectations for a positive second half.
The Westwing Collection grew 19 percent year-on-year, reaching a record 65 percent of GMV, enhancing margins and brand positioning. The company also expanded into eight new countries and plans two further market entries by year-end.
Westwing reaffirmed its 2025 forecast of €425–455 million in revenue, equating to growth between -4 percent and +2 percent, alongside adjusted EBITDA of €25–35 million and a margin of 6–8 percent. Despite cautious sales expectations, the company anticipates stronger profitability and renewed growth momentum in 2026.
Source: www.moebelfertigung.com
